The company is already benefiting from a 'positive announcement effect
' from the EU directive, he said, with major fishing-net consumers reaching out to the Arco, Italy-based company on collection and recycling.
However, similar to the merger announcement return analysis, this negative announcement effect
is largely alleviated when firms with high sales dependence on the government or those in regulated industries appoint government directors.
Share Buybacks--An Analytical Study of Announcement Effect
on Stock Prices in India, Indian Journal of Applied Research, 3(2), 241-243.
Although the reduction in bond buying has been well flagged, the "announcement effect
" may still cause some decline in European bond prices.
(4) This pattern holds true in the sample of European bank mergers, with an average announcement effect
of around 11 percent for targets and around zero for acquirers.
Economists have made plausible arguments for using a wider window to examine the announcement effect
. Depending on the length of the event window and the methodology used, estimates of the reduction in long-term U.S.
She attributes the positive announcement effect
to reduction in agency costs that result from the increased monitoring provided by an additional large nonmanagerial shareholder(s).
There are few studies about the right issue announcement effect
on emerging markets.
In this research study, an in-depth investigation of the announcement effect
of corporate governance failures of some highly rated Nigerian commercial/deposit money banks, publicly announced by the Central Bank of Nigeria, is undertaken.
This study examines and compares the impact of the temperature shock, expected natural gas and heating oil inventory surprises, movement of the Dow Jones industrial index (DJ), winter effect, storage announcement effect
, hurricane announcement effect
, and the nonlinear temperature effect on the conditional means and volatility of both near-month and far-month natural gas and heating oil futures returns.
Youngblood attributes the sharp run-up in interest rates in 2013 to "the announcement effect
, whereby the market prematurely expected the Fed to start assets sales and move from accommodation to a restrictive monetary policy."
The increase in noise raises the tax option value of the stock and it is this value that generates the announcement effect
of stock splits.